Marketplace®

Daily business news and economic stories
  • In volatile times, traders become extra sensitive to news or rumors that could put them on the wrong side of a trade…even when the markets are closed for Christmas.

  • High-speed computer transactions are making the market more treacherous for smaller investors.

  • In trying economic times, even the mega-wealthy downsize and bargain-shop.

  • Weekly jobless claims in the U.S. dropped to 364,000 last week. That's 4,000 fewer than the week before and the smallest number since early 2008.

  • In an age of sky-high travel costs, long-haul commuters looking for an alternative are rediscovering the bus.

  • The ECB offers a historic $639 billion to 500 European banks.

  • Food giant General Mills today announced lower than expected profits, blaming costs of volatile commodities.

  • A surprisingly successful Spanish bond sale and news of an increase in new home construction spurred markets to rally today.

  • An index measuring the confidence of the new housing front-liners is up two points from the previous month, but far from the number it takes to flip over to optimistic.

  • According to the FBI’s Uniform Crime Report, wrongdoing continues to drop.